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From Yahoo! Business News
  • Alibaba's latest gambit in fighting fakes: foster local brands

    The logo of Alibaba Group is seen inside the company's headquarters in HangzhouBy John Ruwitch PUTIAN, China (Reuters) - Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source. In the coastal city of Putian, in Fujian province, Alibaba is working with 17 shoe manufacturers to cultivate home-grown brands online, revitalize a flagging industry and offer would-be counterfeiters an alternative source of livelihood. Critics say the scheme is misguided and Alibaba should instead focus on scrubbing its online marketplaces of widespread listings of fakes.


  • Daimler and Qualcomm to develop in-car tech, wireless charging

    Shareholders arrive for the Daimler annual shareholder meeting in BerlinCarmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables. The move forms part of a broader push by Daimler, parent company of Mercedes-Benz, as well as rival German carmakers BMW and Audi to build their expertise in software and telecommunications to bolster their status as high-tech carmakers in an era when tightening emission rules force them to downsize engines, once a mainstay of profit. In a joint statement, Daimler and Qualcomm said they were assessing the application of wireless technology to charge their electric vehicles (EV) and plug-in hybrid EVs without ever having to plug them in.



  • Order the book Financial Markets For The Rest Of Us from these fine stores:
    Financial Markets Book

    Financial Markets For The Rest Of Us
    An Easy Guide To Money, Bonds, Futures, Stocks, Options, And Mutual Funds

    ISBN: 0595202756 / Publisher: iUniverse / Date: Nov 2001 / Page Count: 418

    "Financial Markets For The Rest Of Us" is a reference and tutorial covering various financial markets in the USA and the rest of the world. The book comprises six major chapters covering the concepts of money, bonds, futures, stocks, options, and mutual funds. It cleverly illustrates the operation and interdependencies of these various markets, while keeping the language simple for everyone to follow. If you have ever wondered about how the financial markets operate, or you have ever felt overwhelmed by the complexities of the financial markets, this book is for you.


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